If the price is lower than their buying average they don’t wanna spend it. If they buy the dip they want to hold it. When it moons they don’t wanna let go of the rocket. I think it can take a cycle or two until they’ve reached a point where they can’t move their stack a meaningful percentage with their earnings anymore that bitcoin starts to feel more like spending money.

#spoonsketch

Buy the dip spoon sale. Always 100,000 sats. I’ll never raise my prices! Now ≈50% off in dollar terms for as long as this dip lasts!